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$885,000

0 Beds 0 Baths 10,656 SQFT 0.17 Acres
Type: Commercial

320 7th Avenue S
Saint Cloud, MN 56301

MLS#: 7041157
Jennifer Carlson
Jennifer Carlson
The Real Estate Advantage
Re/Max Advantage Plus Agent
Phone: 218.234.5339
Office: 218.850.7146
Presented by: Coldwell Banker Realty

Property Description

 

Turnkey 15-unit investment opportunity in a high-demand rental location near St. Cloud State University, Lake George, and downtown amenities. This four-level building consists entirely of 1-bedroom, 1-bath units—an efficient unit mix that supports strong occupancy and consistent cash flow. Designed for ease of ownership, the property features a low-maintenance stucco exterior, on-site laundry for additional income potential, off-street paved parking, new shingles (June 2026), and dedicated landlord storage space. Its walkable location and proximity to transit and campus amenities make it highly attractive to tenants, helping minimize vacancy risk. With stable rental demand, value-add potential, and operational efficiencies already in place, this asset presents an excellent opportunity for investors seeking reliable returns and long-term appreciation. Schedule your private tour to explore this income-producing opportunity.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths0

Other Interior Features

BasementBlock
Basement (Y/N)Yes
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Range, Refrigerator
CitySaint Cloud
ContingencyNone
CoolingNone
CountyStearns
Current UseResidential
Directions4 blocks East of Lake George and a short walk to SCSU. 9th Ave S to East on 4th St S., L into alley just after 7th Ave S to get to paved off-street parking.
Electric Expense0
Fuel Expense0
Garage Spaces0
HeatingBoiler, Hot Water
High School DistrictSt. Cloud
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total15
Operating Expense0
PostalCitySaint Cloud
Property TypeCommercial Sale
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$10,036
Tax Year2025
Trash Expense0
UtilitiesElectric Separate, Heating Common, Heating Separate, Hot Water Common
Water Sewer Expense0
Year Built1947
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total10,656 sqft
Foundation Area2,664 sqft
InclusionsBuilding, Fixture/Equipment
Lot Dimensions55x132
Lot FeaturesPublic Transit (w/in 6 blks)
Lot Size Area0 sqft
Parking FeaturesPaved Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$885,000

0 Beds 0 Baths 10,656 SQFT 0.17 Acres
Type: Commercial

320 7th Avenue S
Saint Cloud, MN 56301

MLS#: 7041157
Jennifer Carlson
Jennifer Carlson
The Real Estate Advantage
Re/Max Advantage Plus Agent
Phone: 218.234.5339
Office: 218.850.7146